Status: public review open

Government agency representatives, municipal analysts and investors, software providers, and other users of state and local government data are invited to review and comment on the data standards developed to represent sections of the Consolidated Annual Financial Report (CAFR).

This is a revised Demonstration Release (Version 0.2), to illustrate how data standards can be created and used in the municipal marketplace. The standards and taxonomy versions were developed by the XBRL US State and Local Government Disclosure Modernization Working Group as a pilot to test the premise that standards can improve efficiencies by automating the process of creating, collecting, and analyzing government data. The Working Group solicited feedback on the initial Demonstration release during a 60-day public review period that ended on March 18, 2019. Input received has been incorporated into this second release of the CAFR Demonstration Taxonomy.

Version 0.2 of the CAFR Demonstration Taxonomy is now available for public review during a comment period that will close on October 28, 2019. Comments are invited on definitions, references, and labels.

Taxonomy Documentation

Inline XBRL Samples

Below is a collection of member-contributed sample inline filings based on the latest Demonstration Release Version 0.2, displayed using the SEC’s inline viewer. Click the name of the state, county or municipality to see examples.

Please note: all reported facts in these instances may not be tagged because of the limited number of elements created for this Demonstration Release of the CAFR taxonomy.

County of Albemarle, Virginia as of June 30, 2017

City of Columbus, Ohio as of December 31, 2017

City of Los Angeles, California as of June 30, 2018

City of Los Angeles, California as of June 30, 2018 (Assets Only)

Allyson R. Ugarte – Sole Practitioner Member

County of McHenry Illinois as of November 30, 2017

County of San Diego, California as of June 30, 2018

County of Will, Illinois as of November 30, 2018

County of Will, Illinois as of November 30, 2017

County of Will, Illinois as of November 30, 2016

CAFR Demonstration Release Version 0.2 – Review and Comment

The list of elements for this release with selected metadata are shown below and can be copied or downloaded from this location. Use the form below the list to provide comment on the Demonstration Release. There’s also an Excel version posted here if you’re unable to use Google.

In addition to Release Version 0.2, the Working Group has developed a set of additional concepts not in this release that represent pension and OPEB (other post-employment benefits) data of particular interest to municipal securities analysts, and welcomes feedback on labels and definitions. These concepts are prefixed in the Concept Number column as P-OPEB_.

Provide Comments on the Demonstration Release

You’ll need to agree to Terms and Conditions to have your comments about the Demonstration Release considered during this review. Login with an XBRL US Web Account or Google Account to provide comments on this Demonstration Release, then follow the instructions linked below to review and agree to Terms and Conditions.

Be sure to include the corresponding concept number from the first column with your comment. The list of elements for this release with selected metadata are shown below and can be copied or downloaded from this location. There’s also an Excel version posted here if you’re unable to use Google.

4 comments on “CAFR Taxonomy, Demonstration Release”

  1. Kinney Poynter says:

    Attached are NASACT’s comments to the draft CAFR Demonstration Taxonomy. Overall, 12 states provided feedback.

    Please let me know if you have any questions.

    Best regards,

    R. Kinney Poynter, CPA
    NASACT Executive Dire

  2. Michelle Savage says:

    Attached is a comment letter from the Government Accounting Standards Board (GASB), signed by David R. Bean, Director of Research and Technical Activities

  3. Kinney Poynter says:

    Attached are NASACT’s comments to CAFR taxonomy version 0.2.

    Thank you,

    R. Kinney Poynter, CPA
    Executive Director

  4. Liz Sweeney says:

    These comments are informed by discussions with four rating agencies and multiple other parties from the municipal analytic community, as well as my own 20+ years as a municipal credit analyst. However, all the feedback provided here is my own and should not be attributed to anybody except myself.

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